This chemical is primarily used in organic synthesis as a key intermediate in the development of pharmaceuticals. Its structure is particularly valuable in the synthesis of compounds with potential therapeutic properties, such as inhibitors for specific enzymes or receptors. It is often employed in the preparation of spirocyclic compounds, which are known for their biological activity and relevance in drug discovery. Researchers utilize it to build complex molecular frameworks, especially in the design of central nervous system (CNS) drugs and other bioactive molecules. Its role in medicinal chemistry makes it a critical component in the development of new drug candidates.